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Ranbaxy Malvinder Singh Shivinder Fortis

Malvinder Singh alleges death threat, sues brother Shivinder and Radha Soami Satsang head

Fortis co-founder Malvinder Mohan Singh filed a criminal complaint against his brother Shivinder and spiritual head of the Radha Soami Satsang Gurinder Singh Dhillon accusing them of fraud and sending him death threats. He said that other members of the satsang are also threatening him. Feb 18, 2019
Paytm sale

Paytm to take longer than expected to return profits amid surging losses

Rapid expansion strategy may raise Paytm losses to Rs 2,100 crore in FY20 as competition heats up mobile payments field. Feb 18, 2019
Jet Airways

Jet Airways rights issue will target raising Rs 2,500 crore

Government-owned National Investment and Infrastructure Fund may pick up a 19% stake in Jet Airways to elevate lenders' equity participation to 51%. Feb 16, 2019
Xiaomi, Mi TV 4A Pro, Mi Air Purifier 2S, Mi Band 3, Mi Home Security Camera 360, Mi Luggage

Online-focused brands may face offline stores' wrath

Brick-and-mortar store associations representing over 70,000 outlets have risen up against FDI-funded online retailers. Feb 16, 2019
Coca Cola

Coca Cola banks on localised products for growth in India

Global giants such as Coca Cola and Pepsi have been facing stiff competition from small domestic companies. Feb 16, 2019
Shaktikanta Das

RBI confident NBFC liquidity situation will improve

Easing of NPAs and banking sector turnaround will help steady NBFCs, governor Shaktikanta Das says Feb 15, 2019
An aircraft of India's Jet Airways lands

Jet Airways' bailout plan: Lenders to become largest shareholders, Goyal's stake may drop to 25%

Jet Airways said that its board has approved a rescue plan, through which a consortium of banks — led by the State Bank of India — will convert a part of their debt into equity. Feb 15, 2019
Singapore Airbus

Airbus scraps A380 superjumbos; 3,500 European jobs at stake

When the first Airbus A380 flew out from France in 2007, it was touted as the competitor to the legendary Boeing 747 jumbo. Feb 14, 2019
yes bank

Yes Bank shares zoom nearly 30% on clean score in RBI's divergence report

Investors who took huge risk after the drubbing the Yes Bank stock got in the recent past were in for a surprise on Thursday. Feb 14, 2019
Noel Tata

Who is Noel Tata? Ratan's half-brother joins Tata Trusts board sparking successor speculations

With this, Noel Tata is the third brother to be a part of the board. Ratan's younger brother Jimmy has been a trustee for almost 30 years now. Feb 14, 2019
Ambani's brothers

RCom trouble: Lenders press for more collateral from Reliance Group promoters

Anil Ambani appears in court for the second successive day after Ericsson moves contempt petition amid Reliance Group stock meltdown over bankruptcy plea. Feb 13, 2019
Ankiti Bose

Who is Ankiti Bose? The founder and CEO of the latest member of Unicorn club

The 27-year-old co-founded Zilingo four years ago along with Dhruv Kapoor, an IIT Guwahati alumnus. Feb 13, 2019
Micromax new smartphone

Online smartphone sales to crash as new e-commerce regulations kick in

The new e-commerce norms prohibit online portals from giving preferential treatment to any supplier. Feb 12, 2019
Eveready - Give Me Red

Eveready grabs attention of Buffett-owned Duracell, rival Energizer

The Khaitan family has been trying to reduce the debt burden for a while now. Feb 12, 2019
GM Cotton Monsanto

Indian firms lose Bt cotton royalty battle against global giant Monsanto

The Environmental Sciences Europe reveled in a study that there could be a link between Bt cotton and farmer suicide in India. Feb 12, 2019
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